Rep. Frank is expected to play a key role in reforming housing policy

10/12/2010 | Washington Post, The

In the wake of a mortgage meltdown, the U.S. needs fresh housing policy, and one of the most powerful voices in forming that will be Rep. Barney Frank, D-Mass., chairman of the House Financial Services Committee, according to The Washington Post. Over four decades, Frank has been an advocate of affordable housing, a cause he once thought could be supported by Fannie Mae and Freddie Mac. With the two government-sponsored mortgage companies under federal conservatorship, Frank advocates replacing them with a new federally supported housing finance system.

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